A Well Established Padi 5 Star Dive Center

Listing Number: 0101-106249

Description

COMPANY

Selling as a going concern, this highly profitable Dive Shop is now up for sale. Established in 1999 as the iconic 'Dive Shop', this store and its offerings have a top reputation for quality dive gear products. Revenue streams come from Divers Supply, SCUBA Diving & Instruction, a worldwide mail-order/internet team (which makes up +/- 40% of the revenue), and a Service Department. The store is a SDI, TDI, ERDI and PADI facility with fully trained and certified Instructors and SCUBA divers on staff.
The shop has two full-size classrooms, an onsite pool and one of the biggest dive boats in the area.
All potential buyers must be approved by the seller before any information is given out.
*Seller financing available for a well-qualified buyer*

THE TRANSACTION

• Type of Transaction Asset Purchase and Sale or Stock
• Included in Sale Names, Goodwill, Contracts, All Equipment, Other Fixed Assets, Inventories (1,000,000), Boat, Transition Period, Agreement Not to Compete.
• The Company operates out of owned facilities.
Not Included in Sale Seller retains Current receivable and Pays All Current and Long-Term Liabilities.

Listing Details

  • Price: $2,700,000
  • Down Payment: $2,700,000
  • Sellers Discretionary Earnings: $658,113
  • Total Sales: $2,552,530
  • Location: Broward County, Florida

  • Inventory: $1,000,000
  • FF&E: $600,000
  • Employees: 8
  • Year Established: 1997
  • Reason for Selling: Other Interest
  • Category: Marine Related
A Well Established Padi 5 Star Dive Center

Business Listed By:

Aniss Cherkaoui